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Fly News Breaks for September 11, 2019
PEP
Sep 11, 2019 | 07:36 EDT
Morgan Stanley analyst Dara Mohsenian sees strong near-term revenue growth at PepsiCo being supported by an acceleration in U.S. scanner data and also believes the company has above peer topline growth potential over the longer term driven by its snacks business and international momentum. He also does not think Pepsi's high EPS visibility is fully priced into the stock given its discounted valuation compared to peers. Mohsenian reiterates an Overweight rating on PepsiCo and raised his price target on the shares to $149 from $143.
News For PEP From the Last 2 Days
PEP
Apr 25, 2024 | 08:00 EDT
Notable profits for the buyer who lifted the $0.43 offer for 1,999 PepsiCo (PEP) May-24 180 calls yesterday at 10:11ET when underlying shares were trading at $172.36. Shares closed at $177.41, and the calls at $1.65 for a mark-to-market profit of 285%, or $245K, on the $86K outlay.